The Qatar-based news broadcaster Al-Jazeera says it is slashing around 500 jobs as part of a worldwide workforce reduction.
The network announced the cuts on Sunday, saying they are part of a “workforce optimization initiative” linked to changes in the media landscape. It says most of the cuts will be in its home base of Qatar.
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Acting Director General Mostefa Souag says the cuts will allow the Al-Jazeera Media Network to evolve, in order to “maintain a leading position and continue our recognized commitment to high quality, independent and hard-hitting journalism around the world.”
Al-Jazeera was launched as an Arabic-language news channel in 1996 with backing from Qatar’s then-emir, Hamad bin Khalifa Al Thani. It has grown to include multiple channels and today boasts more than 70 bureaus worldwide.